Another Fool Removes All Doubt

I write on this primarily because the author of the referenced piece is also from Bain Capital (Mitt's former private equity firm) and is expounding on a commonly-held, but false, premise.

The financial crisis stems from the fact that the U.S. economy finds itself on the horns of a dilemma. Price-insensitive, risk-averse savers hoard rather than invest their savings and insist on the...